09-02-2020, 08:15 AM
I will be making some larger moves the next few days or weeks. "TINA" has finally gotten to some of my conservative baskets. I had a money market fund. It's sole purpose to just be there whenever the big drop comes. I was willing to be very patient. Less than a year ago it yielded $100 a month and I was content with that. My new statement just posted and it was $2.90 for AUG. That is a .04% 30 day yield!!! If that's not a negative effective yield I don't know what is. I am going to sell some way out of the money puts on some safe stocks. We discussed this on the conservative option thread months ago and it's now time. A "safe" 3-4% APR is starting to look real good.